NOTE 7 - EARNINGS PER SHARE

3 Months Ended

Mar. 31, 2026

EARNINGS PER SHARE

EARNINGS PER SHARE

NOTE 7 - EARNINGS PER SHARE

The following information was used in the computation of EPS on a basic and diluted basis:

	Three months ended
	March 31,
	2026		2025
	(dollars in thousands, except share data)
Net income	$	33,383	$	25,797
Basic EPS	$	2.00	$	1.53
Diluted EPS	$	1.99	$	1.52
Weighted average common shares outstanding		16,651,808		16,900,785
Weighted average common shares issuable upon exercise of stock options and under the employee stock purchase plan		89,733		113,207
Weighted average common and common equivalent shares outstanding		16,741,541		17,013,992